AI & Tech
OpenAI Signed $20 Billion Cerebras Deal in Four Weeks Over Thanksgiving
No Priors Podcast
The Story Behind Cerebras’ $63 Billion IPO with Founder and CEO Andrew Feldman
"At Thanksgiving, the night before Thanksgiving, we signed a term sheet. And, you know, 4 weeks later on the 24th of December, we signed a, a big master agreement. They had several law firms. For a $20+ billion deal, to do it in 4.5 weeks was exceptional."
Feldman disclosed that after initial conversations with Sam Altman in mid-2025, Cerebras executed one of Silicon Valley's largest deals in under five weeks, working seven days a week through the holidays. The accelerated timeline reflects a broader market shift where speed of execution has become paramount, with companies accomplishing in weeks what previously took months or years.
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No Priors Podcast